*

Hitt og þetta 21. apríl 2006

Stromsdal Corporation gives notice of lay-offs

Nordic Business Report-April 21, 2006-Stromsdal Corporation gives notice of lay-offs
(C)1994-2006 M2 COMMUNICATIONS LTD http://www.m2.com

Finnish board producer Stromsdal Corporation said on Friday (21 April) that it had given notice of lay-offs.

The company said that it may lay off its entire personnel.

The target of the lay-offs is to improve profitability through cost savings.

The implementation of lay-offs, if necessary, would be carried out in several short periods starting in early May 2006.

((Comments on this story may be sent to tww.feedback@m2.com))